mistertomlinson
Short

Perfect head and shoulders and impending trendline breach.

NYSE:NKE   NIKE INC
75 0 0
NKE             has formed a perfect head and shoulders and fell through the neckline on HEAVY volume . If support fails at this major trendline, I'm expecting a freefall.

I won't pretend to know much about Nike's business, but I doubt a 28 P/E is warranted. Heavy insider selling is also disconcerting. This stock has PLENTY of room to fall.

The market is crashing and this is a perfect short candidate.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out